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Energy & Utilities

Avangrid details new executive bonus structure

Patricia Daddona |

Energy utility Avangrid Inc.'s board of directors has adopted a new annual cash incentive plan for five top executives, according to a filing this week with the U.S. Securities and Exchange...

Bill aims to boost fuel-cell industry

Matt Pilon |

State lawmakers are proposing a bill, backed by Gov. Dannel Malloy, that aims to help the state's fuel-cell industry, which is facing headwinds after a poor showing in a recent renewable energy...

Pipeline developers pursue multi-pronged approach

Matt Pilon |

Utility Eversource said Wednesday that it – along with developers – will continue to pursue the proposed expansion of a natural gas pipeline that crosses Connecticut.

Gengras dealership to add third solar array

Patricia Daddona |

East Hartford’s Gengras Motor Cars dealership plans to install its third solar array, which will make the SunPower rooftop installation the largest in the town, according to the solar installer.

New farmland harvest – solar energy – creating political sparks

JAN ELLEN SPIEGEL | CT MIRROR |

Two of Connecticut's well-intentioned environmental policies are coming to a head this year.

Eversource 4Q profits climb 26%

Patricia Daddona |

Eversource reported a 26 percent increase in profits for the fourth quarter of 2016, as the utility preps to bring more clean energy into New England in the years ahead.

Eversource to spend $75M on tree trimming

Patricia Daddona |

Eversource said Tuesday it will invest $75 million this year on trimming trees around more than 4,200 miles of overhead power lines in Connecticut.

Avangrid more than doubles 4Q profit

Patricia Daddona |

New Haven-based Avangrid Inc. more than doubled its fourth-quarter profits, reflecting stable growth following the merger of Iberdrola USA and UIL Holdings Corp. the year before.

Malloy holds line on business taxes; maintains tax credits, incentives

Matt Pilon |

Gov. Dannel P. Malloy's proposed $40.6 billion biennial budget has businesses breathing a tentative sigh of relief, though plenty can happen between now and June 7, the last day of the legislative...

DEEP: Energy-storage proposals too pricey

Matt Pilon |

The Department of Energy and Environmental Protection (DEEP) this month denied proposals from Eversource and Avangrid to test out energy-storage technology because anticipated costs outweighed...

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